If your Company allows employees to purchase additional leave, follow the steps below to set up Purchased Leave.
When amending an already existing award or making a change to an award that does not impact all the employees on the award, it is best to copy the existing award and then move the employees who are impacted to the new award. How to copy/amend an award.
How to create a new award:
Go to Setup, Awards, Add, Next.
Enter a new name for the Award, under New Award Description for e.g.: Fulltime - Purchased Leave, Next.
Tick the box Copy Existing Award File, use the dropdown to select the Award from Existing Award Files, Next.
Tick the box Details Correct, Next, Finish.
On the newly created award, go to Leave.
Scroll down to Add/Delete Leave to start the Leave Type Wizard.
Next, select the Add new leave type option, Next.
Type in Purch Leave in Leave Type and complete the Description and Short Description.
Select Show Leave Total on Employees Pay Slips & Show Leave Entitlements on Employees Pay Slips, Next.
Next, Finish.
Once the new leave type has been created, fill in the appropriate tabs as shown below.
Note: These accrual rates have been based on a 38hr week, and the employee is requesting 2 weeks of additional leave 76hrs.
How this is worked out is 76hrs/52wks = 1.46154. If it were for a 40hr week, it would be 80hrs/52wks = 1.5384.
If the employee is paid fortnightly or monthly, you then multiply the accrual accordingly.
Accrual Conditions: Create additional accrual records: Every year on the anniversary of the commencement on this award
Payments: Payments can be edited at Wages Processing.
Auto Payments: Deduct Leave Accrued from Pay
